The luxury home market in Raleigh has been far from immune to the recent housing issues, and in my opinion are at the center of it right now. There will always be a market in Raleigh to absorb the $100,000 - $300,000 foreclosures on the market that is not an issue and the inventory of those homes has never gotten obnoxious.
Where I want to focus today is on the higher end homes, there is still a vibrant market for these just perhaps a little more discriminating and analytical. The $900,000-$1,500,000 home market in the Raleigh Area will always do well, there is just to much going on with the local economy. And with the market starting to see positive price and unit increases, if you ever wanted that type of home, now is the time.
Raleigh Luxury Foreclosures for Sale (this also includes Raleigh Short Sales)
Check them out, for more on this topic go to Raleigh.ChangingStreet.com/Blog.
Stephen Scott Hoyt, is a broker with offices in Michigan, North Carolina and Maui, his team has closed over 4,000 transactions for well over a quarter of billion in sales. He is also Short Sale and Foreclosure certified, in addition to assisting many homebuyers and sellers his clients include many national banks. Scott@ChangingStreets.com
Comments(0)